We are accustomed to describing a solution in terms of the concentration of the one or more solutes. However,manyoftheimportantphysicalpropertiesofasolutiondependmoredirectly
Endowment plan is a combination of insurance and investment. In term plan which is a pure insurance there is no maturity benefit. It means if a person dies during the term of policy then only his beneficiaries will get some money otherwise at maturity, at the end of the term there is no benefit.
DEFINITION of 'Endowment'. An endowment is a financial asset, in the form of a donation made to a non-profit group, institution or individual consisting of investment funds or other property that may or may not have a stated purpose at the bequest of the donor.